New Rochelle’s Craig Carton, half of the WFAN Radio morning show’s “Boomer and Carton” was suspended from his show after being arrested yesterday. The feds accuse him of running a ponzi scheme that defrauded millions of dollars from investors who funded non-existent concert ticket re-selling companies. The Securities and Exchange Commission claims Carton hatched the scheme with a co-defendant to help pay back investors and cover his own large gambling debts. In a clip posted on YouTube, Carton spoke on his show earlier this summer about the future of gambling in sports like basketball…
Audio clip: Craig Carton
Carton is charged with securities and wire fraud, and conspiring to commit those offenses. He faces up to 45 years in prison if convicted.
